GoTyme Bank launches multi-currency time deposit with $1 minimum

The Philippine-based digital bank promises interest rates between 3% to 3.

The Philippine-based digital bank promises interest rates between 3% to 3.5%.

Philippine-based GoTyme Bank has launched the Multi-Currency Time Deposit, which requires only a minimum deposit of $1.

The time deposit service guarantees return with high interest rates– 3% for three months and 3.5% for six months, credited daily, the bank said in a press statement.

Clients may also deposit in their Philippine Peso, which will easily be converted into USD on the app. This enables Filipinos to earn in dollars while keeping their hard-earned cash safe and secure.

GoTyme does not implement penalties for early withdrawals, so you can take your money back whenever you need it. Accrued interests, however, will be forfeited.

GoTyme said that other currencies will be available soon.

GoTyme Bank is one of six digital banks that recently launched in the Philippines. The bank leveraged digital kiosks and its partnership with Robinson Group to grow its customer base to over 2 million as of early 2024.

GoTyme Bank

Can't Login? Sign up for an account

Email address The email address is not made public. It will only be used if you need to be contacted about your account or for opted-in notifications.

Password

Confirm password

Provide a password for the new account in both fields.

This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Already have an Asian Banking & Finance account? Login

Can't log in?

Return to login

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit